First, the bad news. Most startups fail. Most entrepreneurs fail. Most ideas fail. Success is rare. There are many variables, and many conditions have to align precisely. Occasionally, with enough hustle, persistence, time, failed attempts, and determination, the pieces fall into place and things start to click. When this happens, you must strike quickly while the opportunity is on your side. These moments are scarce, but when they are presented it means the iron is blazing hot and Fortune is smiling. It’s your duty as an entrepreneur to strike...

Don't Be A Wanna-preneur Entrepreneurs often have a tendency to focus on the "fun stuff" ...

Rule One and Rule Two This famous quote by business tycoon Warren Buffett is often quoted, "Rule number one: never lose money. Rule number two: never forget rule number one."  When you’re starting a business, it takes time and repetition before everything clicks together. One of the problems many entrepreneurs encounter is that they have not put themselves in a position where they can afford to wait for everything to click. They may exhaust their funding or, worse yet, go into debt; they may also run out of time or lose enthusiasm for the venture.  The...